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Dec 5, 2012
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> santelli is back after a day off. >> we see the holidays all around us. there are a lot of seasons. some people have alarm clocks that wake them up with birds. some people have alarm clocks that wake them up with outdoor sound. here's the sound i listen to when i wake up. do you hear that? do you know what that is? that's a scissors. i think that edward scissorhands out to be sent a videotape or cd to every republican and democrat and the president so they can learn what cutting is all about. okay? let me get this straight. if we're going to spend one of these and we're going to try to project how many we spend, if we do this and we cut it up, okay, that's a real spending cut. that's what we need to do. we need to take ben franklin and we're talking trillions and there's a lot of bens and we need to cut them. hear how that sounds? here's the problem that i see. we look at issues and then we talk about savin
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> santelli is back after a day off. >> we see the holidays all around us. there are a lot of seasons. some people have alarm clocks that wake them up with birds. some people have alarm clocks that wake them up with outdoor sound. here's the sound i listen to when i wake up. do you hear that? do you know what that is? that's a scissors. i think that edward scissorhands out to be sent a...
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Dec 18, 2012
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call or visit us online. we're ready to help. >>> taking a look at the market, s&p are at the 500s of the day. 1445 is where the s&p currently sits. there's a look at the nasdaq 100. we know what that's being driven by, don't you? there it is. apple at the highs of the day after not doing a lot for the early part of the day. 2 1/2 percent. apple in the premarket where apple dipped below $500 a share. apple getting a bit of a bounce. >> that's where they come back and tell you that they did. >> we shall see. energy is one of the leaders of the day. our neck guest is making a quite a bold call for the price of crude oil. the head of bank of america with the 2013 commodity play. nice to see you. welcome back. >> thank you for having me. >> let's get right to it. where is crude oil going because you're making one heck of a bold prediction. >> look, just to be clear, we are talking about a risk scenario for crude oil specifically. we still think brent around $110 a barrel next year. wti averaging 90. that spread s
call or visit us online. we're ready to help. >>> taking a look at the market, s&p are at the 500s of the day. 1445 is where the s&p currently sits. there's a look at the nasdaq 100. we know what that's being driven by, don't you? there it is. apple at the highs of the day after not doing a lot for the early part of the day. 2 1/2 percent. apple in the premarket where apple dipped below $500 a share. apple getting a bit of a bounce. >> that's where they come back and tell...
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Dec 24, 2012
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ralph silva staying with us. up next, less than a day to go before the big day, we take a look at what some of the top toys have been this year. >>> good morning. welcome to "worldwide exchange." i'm karen cho. >> good morning, everybody. i'm louisa bojesen. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, law marriages are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy, but only for a party willing to push his economic agenda. >> but he has competition in the form of sylvia berlusconi, italy's former prime minister tells cnbc he feels a responsibility to run. >> translator: i feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales. but u.s. shoppers, they may be running lower on holiday spirit and analysts are saying that they're spending less, as wel
ralph silva staying with us. up next, less than a day to go before the big day, we take a look at what some of the top toys have been this year. >>> good morning. welcome to "worldwide exchange." i'm karen cho. >> good morning, everybody. i'm louisa bojesen. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, law marriages are pointing fingers and playing the blame game. >> mario...
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Dec 27, 2012
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mandy knows but is not telling us. consumer discretionary is up 20% and within that sector stocks like whirlpool and expedia making the top of the list. heading into the new year, we're wondering which consumer discretionary stocks may be the winners and losers for 2013. >> good question. great to have you both on the show. dana, retailers saw the weakest holiday sales since 2008. a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first
mandy knows but is not telling us. consumer discretionary is up 20% and within that sector stocks like whirlpool and expedia making the top of the list. heading into the new year, we're wondering which consumer discretionary stocks may be the winners and losers for 2013. >> good question. great to have you both on the show. dana, retailers saw the weakest holiday sales since 2008. a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff,...
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Dec 21, 2012
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talk to us as the governor of delaware. what kind of a deal would benefit your state or hurt it the least if we want to put it that way. >> well, let me put it this way. as you mentioned at the outset, when we in delaware face add budget shortfall when i first took office in 2009, we, in fact, did adopt a balanced approach. we started with spending cuts. we did increase some revenues. and we've continued to focus on how we can become more .more efficient. but we recognized from the beginning, you can't cut your way to a prosperous future. the only way out is to grow. so we have been relentlessly focused ever since then on putting the right policies into place to grow and also having the right attitude. >> when do you expect us to get back to growth? growth seems like the issues around the fiscal cliff, to be fair, we are looking at an economy that's growing, just slowly. >> yeah. i think it's a bit -- recently last week i was in korea and japan doing some business over there to with companies. i did hear over and over again
talk to us as the governor of delaware. what kind of a deal would benefit your state or hurt it the least if we want to put it that way. >> well, let me put it this way. as you mentioned at the outset, when we in delaware face add budget shortfall when i first took office in 2009, we, in fact, did adopt a balanced approach. we started with spending cuts. we did increase some revenues. and we've continued to focus on how we can become more .more efficient. but we recognized from the...
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Dec 20, 2012
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we hope it's by watching us here on "worldwide exchange." e-mail us, tweet us. ross westgate will be back tomorrow if the world doesn't end. stick around. to south korea, the incoming president says she wants warmer ties, but it has to be on her terms. plenty more when we come back. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express [ maby december 22nd break from the holiday stress. for christmas delivery. >>> south korea's president elect park geun-hye wants it known that she's not willing to make concessions with the north. she says she wants to pursue further relations. only if the north abandon its nuclear program. why should they take her seriously? sherry kang explains. >>> scenes of victory and celebration after park geun-hye won the presidential elections. >> this election is your victory. this is a victory brought by the people's hope for overcoming crisis and economic recovery. >> the daughter
we hope it's by watching us here on "worldwide exchange." e-mail us, tweet us. ross westgate will be back tomorrow if the world doesn't end. stick around. to south korea, the incoming president says she wants warmer ties, but it has to be on her terms. plenty more when we come back. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex...
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Dec 28, 2012
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guys, thanks so much for joining us. ken heebner and brian kelly, you can see him on fast money. >> the markets are optimistic for now, should there be? to discuss the political side of all this, joanne green, and jonathan kohl edgeio of american crossroads. good to see you. jonathan, let me start with you. what's your betting here? are we going get a deal done before monday? >> all eyes ort senate right now. the congressman had it right. one of the things we lose sight of is two-thirds of the pieces of the negotiations are being held by the democrats and whenever harry reid opens his mouth everything is held up in thatted abouty and they passed a bill several months ago and it was a straight democrat vote and it wasn't something that had influence in the house and that's where all of the action is and whether he can get something done in that body is what we need to be looking at. >> i'm sure you see it differently. harry reid, they passed a bill and the reverse of what they said is the facts and the senate passed a bil
guys, thanks so much for joining us. ken heebner and brian kelly, you can see him on fast money. >> the markets are optimistic for now, should there be? to discuss the political side of all this, joanne green, and jonathan kohl edgeio of american crossroads. good to see you. jonathan, let me start with you. what's your betting here? are we going get a deal done before monday? >> all eyes ort senate right now. the congressman had it right. one of the things we lose sight of is...
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Dec 3, 2012
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patrick garvey joins us for more. thanks for joining us. just looking at where spanish yields are at the moment, sort of 5.2% handle, i can't see spain rushing for assistarizon y too many soon. >> that's right. it's been a fantastic few months starting off in july when draghi first talked about the omt program or gave hints about it. and it's carried out to the past couple of weeks. spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the rea
patrick garvey joins us for more. thanks for joining us. just looking at where spanish yields are at the moment, sort of 5.2% handle, i can't see spain rushing for assistarizon y too many soon. >> that's right. it's been a fantastic few months starting off in july when draghi first talked about the omt program or gave hints about it. and it's carried out to the past couple of weeks. spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking...
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Dec 12, 2012
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joining us, managing director. what do you make of inditex. >> i think with the share price performance you've seen for that, up almost 70%, almost nothing would please the market. the results are a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >> absolutely. i think it goes back to the strengths of its model. i think more than anyone else they listen to the consumer. this is fast fashion taken to the extreme. there's something new in the stores every two weeks. there's a reason to keep going every two weeks. they get feedback from the store managers quickly on what's working, what's not working. go back to the production people, say we need this more, we need less of this. >> the supply chain must be -- where are they making this stuff? how are they able to get it into the store so quick three
joining us, managing director. what do you make of inditex. >> i think with the share price performance you've seen for that, up almost 70%, almost nothing would please the market. the results are a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >>...
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Dec 11, 2012
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joining us is diana fowl. diana, thanks for joining us. how big is the gap between what employees are looking for for entry level staff and the skills that the current graduates are offering? >> the gap is tremendous. it's a real tragedy. you mentioned the very high youth unemployment numbers, but 75 million youths today and eight youths, half of youths in the middle east and half of youths in greece and others, that 75 million can be contrasted to the shortage of workers for medium and high skill jobs which we establishment by 2020 could reach 85 million. so we have a paradox of too many jobs, too many vacancies and, therefore, an education and unemployment system that is not working correctly. unfortunately not enough data on this matter is available. so our studies, 100 case studies and surveys 8,000 participants in the system across nine countries tries to provide a fact base. and the news is not wonderful. what we learned is that the icip really operate in the system. they participate in parallel universes, if you look. for example, y
joining us is diana fowl. diana, thanks for joining us. how big is the gap between what employees are looking for for entry level staff and the skills that the current graduates are offering? >> the gap is tremendous. it's a real tragedy. you mentioned the very high youth unemployment numbers, but 75 million youths today and eight youths, half of youths in the middle east and half of youths in greece and others, that 75 million can be contrasted to the shortage of workers for medium and...
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Dec 21, 2012
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get in touch with us here, e-mail us, worldwide@cnbc.com. tweet us. >>> joe gill has decided not to slap a downgrade on the country's growth for the first time in four months. japan looks set to recover from its fourth remember session in 12 years on a pick up in industrial demand. still, it did warn that japan's economic environment remains week. the bank of japan also says foreign ownership of government bonds has risen to a record high at the end of september. this is important. the data suggests japan is growing more reliance on overseas investors to fund the nation's massive debt. reuters is reporting that heavy demand from japanese investors has helped increase foreign holding of polish sovereign bonds. asian investors are apparently attracted to poland's better returns and less risky economy. for more on this, we're joined by rajig beswos. i just want to start here on this point about japanese investors buying polish debt. you can understand why a japanese investor is looking for yields. is there any reason to be concerned about their
get in touch with us here, e-mail us, worldwide@cnbc.com. tweet us. >>> joe gill has decided not to slap a downgrade on the country's growth for the first time in four months. japan looks set to recover from its fourth remember session in 12 years on a pick up in industrial demand. still, it did warn that japan's economic environment remains week. the bank of japan also says foreign ownership of government bonds has risen to a record high at the end of september. this is important. the...
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Dec 4, 2012
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joining us is portfolio manager at anc capital. arthur, thanks for joining us. how important are heathrow slots if you want to compete? >> i think they're important to have a presence there and when you look at what delta is doing specifically, they're increasing their scope. and when you look at the flights and the offerings that delta has, it's week relative to american b.a. so what delta wants to do, it smells an opportunity here to give an offer to go customers because this is a network business and move those customers that maybe are going on ba, aa, or united out of newark on o. to the delta large system. and that's the opportunity it has. and conversely people here that want to come to the states or the big network delta has to get people to points beyond i think for virgin to be part of a transaction here, you get the united states market which is a large market. >> you have sink more airlines which would sell, sky team with delta and sort of ba, aa team, as well, how are those three global shaping up, who is winning? >> well, i'm partial to sky team. sk
joining us is portfolio manager at anc capital. arthur, thanks for joining us. how important are heathrow slots if you want to compete? >> i think they're important to have a presence there and when you look at what delta is doing specifically, they're increasing their scope. and when you look at the flights and the offerings that delta has, it's week relative to american b.a. so what delta wants to do, it smells an opportunity here to give an offer to go customers because this is a...
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Dec 10, 2012
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stay with us. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. >>> you are watching "worldwide exchange." no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is eunice eune. how likely is it that we see china hit or surpass these growth targets given the figures showed us? >> well, people are growing concerned abou
stay with us. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. >>> you are watching "worldwide exchange." no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic...
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Dec 19, 2012
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e-mail us, worldwide@cnbc.com. tweet us here @@cnbcwex. >>> going, going gone. depleting resources isn't just a concern for environmentalists but for the community, their. as finite materials become scarer and prices inch upwards, some companies have to look at alternatives. the resource crunch may be around the corner. joining us for more is tom delay, chief executive of the carbon trust. tom, welcome. >> good morning. >> you've been trying to draw attention to this issue. how do we know beyond this general sense of resource depletion just how unprepared companies are for this transition? >> well, we advise governments and businesses around the world, particularly leading organizations on resource efficiency and carbon reduction. we wanted to see whether there was a broader passion here and whether other organizations were engaged in the same way as leading organizations. we did market research. we looked into almost 500 executive opinions on essentially resource efficiency, resource crunch, what they were doing -- >> what do you mean resource? what kind of res
e-mail us, worldwide@cnbc.com. tweet us here @@cnbcwex. >>> going, going gone. depleting resources isn't just a concern for environmentalists but for the community, their. as finite materials become scarer and prices inch upwards, some companies have to look at alternatives. the resource crunch may be around the corner. joining us for more is tom delay, chief executive of the carbon trust. tom, welcome. >> good morning. >> you've been trying to draw attention to this issue....
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Dec 7, 2012
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send us your predictions. you can e-mail us, worldwide@cnbc.com, tweet @cnbcwex, or even get direct to myself, @rosswestgate. and while we wait for the employment report, more thoughts about where european growth is going. drifting away. the bundesbank has warned of a possible recession in germany. central bank cutting its growth forecast for the eurozone's biggest economy and that expects growth to reach just 0.4% in 2013. a big cut from previous forecasts of 1% and 1.6%. there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the s
send us your predictions. you can e-mail us, worldwide@cnbc.com, tweet @cnbcwex, or even get direct to myself, @rosswestgate. and while we wait for the employment report, more thoughts about where european growth is going. drifting away. the bundesbank has warned of a possible recession in germany. central bank cutting its growth forecast for the eurozone's biggest economy and that expects growth to reach just 0.4% in 2013. a big cut from previous forecasts of 1% and 1.6%. there's also no...
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Dec 28, 2012
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still with us, alistair. first of all, it seems like netanyahu has the upper hand in terms of the elections. is there any doubt that he's going to be re-elected? >> there's always a bit of doubt. but he and his part they are, as you put it, the party, the extreme right wing party, they'll probably only get something like 35 seats. and they need 6 is for a majority. so they're still going to have to negotiate with the coalition, probably bring. >> a couple of the orthodox jewish parties. and there's a couple of right centers which together are likely to give them a stable majority. so i think marginal the possibility of netten use hue not being returned to prime minister's office. now, for the last year, i've been saying, including several times on cnbc, that netanyahu would not launch a strike against iran until this election was out of the way. now, i could still be proved wrong, but it's sort of looking like one of my better calls at the moment. and markets seem to have got that message on board. if you thi
still with us, alistair. first of all, it seems like netanyahu has the upper hand in terms of the elections. is there any doubt that he's going to be re-elected? >> there's always a bit of doubt. but he and his part they are, as you put it, the party, the extreme right wing party, they'll probably only get something like 35 seats. and they need 6 is for a majority. so they're still going to have to negotiate with the coalition, probably bring. >> a couple of the orthodox jewish...
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Dec 13, 2012
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joining us now is david scoutville. david, first of all, how do you know the 1 billionth tourist is out there today and where might he or she arrive? >> it's impossible to tell where that personal is going to arrive. but we've calculated very precisely today is the day that ta 1 billionth tourist is going to cross an international border. as you said in your introduction, there's auto huge increase since travel started. only four years ago, that figure was 445 million. so that figure is growing quickly. >> one of the questions, though, become what are the tourism hot spots? are we seeing a shift to where people are going, how they're traveling? what is the outlook for 2013, in your view? >> 2012 will finish at a growth about 2.12%. as we go into 2013, it will be about the same sort of growth rate. most of the growth is coming in asia. europe is still by far the biggest inbound and outbound market. most of the future growth is coming out of china. it is a market which is exploding. i think in 2010, they had 58 million pe
joining us now is david scoutville. david, first of all, how do you know the 1 billionth tourist is out there today and where might he or she arrive? >> it's impossible to tell where that personal is going to arrive. but we've calculated very precisely today is the day that ta 1 billionth tourist is going to cross an international border. as you said in your introduction, there's auto huge increase since travel started. only four years ago, that figure was 445 million. so that figure is...
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Dec 5, 2012
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joining us is sue foxley. good to see you. thanks so much for joining us. mark field says -- he's quoted today, he says figures show we've had a 53% decrease in greater london property sales between 2 and 5 million. is it all stamp duty? how much of an impact do you think it's had? >> i think stamp duty was really the nail in the coffin for that part of the market during this period. i mean certainly there is a struggle there in terms of the economy and there is uncertainty in order to make a big investment like that. people are a little bit nervous. i think the caution now is not so much the actual figure, which obviously don't's things particularly just over two million, but it's more the concern that actually we don't know quite what's going to come next. and we really need a stable transparent system that we can trust as how we're going to move in the future. >> the chancellor sticks another percentage on to stamp duty. if he raises it up one million, all going to have a big collective groan. >> i think we all should have a collective groan actually, be
joining us is sue foxley. good to see you. thanks so much for joining us. mark field says -- he's quoted today, he says figures show we've had a 53% decrease in greater london property sales between 2 and 5 million. is it all stamp duty? how much of an impact do you think it's had? >> i think stamp duty was really the nail in the coffin for that part of the market during this period. i mean certainly there is a struggle there in terms of the economy and there is uncertainty in order to...
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Dec 6, 2012
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. heartburn symptoms causedelieves by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you...
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Dec 14, 2012
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sylvia, are you with us? can you hear us? i think sylvia lost her sound there so we'll come back out to her in just a second. if we can forward on to some of the other news we're getting out of that meeting, mario monti made a surprise appearance that we'll talk about as soon as silvia comes back. in particular, let's shift to asia and head to key elections. think in the most recent manufa worsening, meanwhile, opinion polls have been very consistent about which party is likely to become japan's next ruling party. kaori enjoji has more for this. >> japanese prime minister yoshi hikonoda is trying to keep his party in power just days before the election. it could pave the way for the return of the liberal democratic party of japan. >> japan is going to have another election due next year. and what abbe is perhaps going to do is to use the government machine as much as possible in order for the budget to be increased to sustain some of the public works because there is another critical juncture coming up because the japanese go
sylvia, are you with us? can you hear us? i think sylvia lost her sound there so we'll come back out to her in just a second. if we can forward on to some of the other news we're getting out of that meeting, mario monti made a surprise appearance that we'll talk about as soon as silvia comes back. in particular, let's shift to asia and head to key elections. think in the most recent manufa worsening, meanwhile, opinion polls have been very consistent about which party is likely to become...
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Dec 19, 2012
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and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dollar thing. a lot of people if back on what they say. the difference would be that one is 250 and below, and the other is a million and below. more taxpayers would not see a tax inc
and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250...
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Dec 31, 2012
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tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer
tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with...
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Dec 12, 2012
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and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and rationally. some of the deep wells in the gulf, and it's certainly safer than sending hundreds of thousands of kids overseas to fight wars. so this could be -- it's safer than what? like that oil pipeline would have been safe in the alternative. we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational increase in something like a carbon tax, yes. >> what would that look like? >> by the way, we may not need it anymore. i don't want to get into policy like that. it's far
and now, the lord looked down upon us and has given us another chance. let's use it. that chance is unbelievable. exxon, the united states, everyone says by 2025, we're going to be energy self-sufficient in coal -- i mean, oil and natural gas. that will make america more competitive. it will reduce the geopolitical pressure. reduce the deficit. the experts tell me that you can -- that fracking can be just -- it's been done, by the way, i'm told, for 30 years. it can be done safely and...
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Dec 19, 2012
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he joins us now. good to have you back. >> good to be with you. >> the granddaddy of penalties in your view, right? >> exactly. barclays this summer backed the highest settlement this summer. attorney general holder spoke a few minutes about that the $500 million from department of justice, this is $1.2 billion settlement with ubs. all too often, carl, we've talked about before that there have been puny penalties for financial firms. this amount, this in aggregate $1.5 billion from all regulators, including the swiss and the brits, that serious and significant and will serve as a definite deterrent for the megabanks and other financial firms. >> how much pain -- i know it's a lot of money, but they do escape prosecution. no individuals held to account. i mean, there are other things that could have been done to really get their attention. >> well, you know, i wouldn't -- never say never on the individual matter, carl. that's, you know, criminal prosecution is up to the folks with jurisdiction. you hav
he joins us now. good to have you back. >> good to be with you. >> the granddaddy of penalties in your view, right? >> exactly. barclays this summer backed the highest settlement this summer. attorney general holder spoke a few minutes about that the $500 million from department of justice, this is $1.2 billion settlement with ubs. all too often, carl, we've talked about before that there have been puny penalties for financial firms. this amount, this in aggregate $1.5 billion...
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Dec 20, 2012
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joining us, lou brien is joining us from chicago, a strategist at drw trading. mark, believe it or not, yesterday i watched general electric lower two straight days because apparently some people are downgrading it or at least making some negative comments. and maybe already about the fiscal cliff. art, do you think that's actually happening to the economy at large because we're not in 2013 yet, but because they're already cutting back? >> well, there may be some relation that growth is going to be slower in the fourth quarter, in the first half of 2013. and just about any resolution that we get on the fiscal cliff. and, you know, i think that the -- there was a lot of optimism at the start of the week and it faded a little bit. i don't think all that much has changed. they're probably not going -- not going to get a final deal done until the early days of january. and that way, they're able to -- that way they're able to say they're voting for a tax cut instead of a tax increase and everybody is happy. >> really. so who wants to go over the cliff more, then? bo
joining us, lou brien is joining us from chicago, a strategist at drw trading. mark, believe it or not, yesterday i watched general electric lower two straight days because apparently some people are downgrading it or at least making some negative comments. and maybe already about the fiscal cliff. art, do you think that's actually happening to the economy at large because we're not in 2013 yet, but because they're already cutting back? >> well, there may be some relation that growth is...
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Dec 10, 2012
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tweet us at squawk street and tell us what you think is the next innovation. are viewers, they think outside the box. >> no more mcbites, that's already been done. >> in europe, silvio berlusconi may be on his way back to power. monti saying he will resign. berlusconi could run in the earlier than expected elections. carolyn roth is in rome. and she joins us with the details. carolyn, welcome to the program. we've seen today, italian stocks are down, bond yields are blowing out. yet others like jpmorgan saying actually it's not as bad as it looks. what's your view? >> well, that's the tenor from the number of the analysts and economists that we've been speaking to this morning. they say, yes, because we're going to be seeing early elections, too much earlier than planned, we'll see volatility over the next two months. especially as there's a lot of horse trading campaigning by the different political parties. having said that, though, if you look at the most recent polls, you'll see that the democratic party, which is pro-austerity, pro-europe, actually leads
tweet us at squawk street and tell us what you think is the next innovation. are viewers, they think outside the box. >> no more mcbites, that's already been done. >> in europe, silvio berlusconi may be on his way back to power. monti saying he will resign. berlusconi could run in the earlier than expected elections. carolyn roth is in rome. and she joins us with the details. carolyn, welcome to the program. we've seen today, italian stocks are down, bond yields are blowing out. yet...
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Dec 6, 2012
12/12
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easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back to "squawk on the street," i'm mary thompson on the market flash. we're taking a look at jp penny, on an otherwise down day, we see 10 million shares traded with almost an hour having passed in the trading session. no news, but we're keeping watch on this, a big move on jcpenney of just about 6%. >> ringing the opening bell. ground breaking of three new hotels in an industry first is choice hotels international. welcome its president and ceo, steve joyce. there aren't many hotels being built in america at this moment. that's one reason why people think they'll be able to raise prices next year. what you're doing is very unusual, why? >> we have got a new brand, choice is for the first time breaking into the upscale space, there are a number of deals we were working. we agreed to co-invest with them, we got the deals done and we're here breaking in the first 24 hours, breaking ground in arguably
easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> welcome back to "squawk on the street," i'm mary thompson on the market flash. we're taking a look at jp penny, on an otherwise down day, we see 10 million shares traded with almost an hour having passed in the trading session. no news, but we're keeping watch on this, a big move on jcpenney of just about 6%. >> ringing the opening bell. ground breaking of three new hotels in an...
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Dec 7, 2012
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we use twitter all -- many of us. i used it as a wire service frankly. and then i use it also to distribute news. i distribute that news of course on cnbc as well but i use it as another channel of distribution. should that be considered fair disclosure? >> there was a discussion about the notion of free speech. s.e.c. does not care about the first amendment. they think that this interstate commerce clause and that the securities and 34 act just completely trumps that. the idea of making a first amendment case is just stupid. they're not going to let you do it. they don't recognize it as part of commerce. >> it will be interesting. wells notice means they are likely to take action. defense here. you can still make it. it gives the opportunity to at least make a final defense so to speak as to why they shouldn't take action. we'll see what that defense is when mr. hastings -- we have a sense for it given what they wrote yesterday. >> i'm sure it will be closely watched. we should be clear that we didn't see too much reaction in the stock for good reason.
we use twitter all -- many of us. i used it as a wire service frankly. and then i use it also to distribute news. i distribute that news of course on cnbc as well but i use it as another channel of distribution. should that be considered fair disclosure? >> there was a discussion about the notion of free speech. s.e.c. does not care about the first amendment. they think that this interstate commerce clause and that the securities and 34 act just completely trumps that. the idea of making...
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Dec 13, 2012
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leave us with something. give us hope. is there hope? you don't have to. you can depress us if you'd like. >> it's hard to have hope. but steve liesman was walking by a little while ago. he had a trip of bernanke talking about what the assets is for and what the fed funds rate is before and for the life of me it's really hard to reconcile what he said. he said these are two different objectives. one is for short-term stimulus, one is for longer-term economic management of some kind. and i, you know, that's the first time that he has talked in those terms about how they are really different objectives, like tools. i think for most people this is about you either ease financial conditions or you tighten them. so, if it's getting a little -- i think even the fed -- >> communicating at this point. >> i've been -- i've thought that for awhile, actually. >> because i think maybe just the message is getting confused in the marketplace, and maybe what's happening in front of us now was always happening behind the scenes. you know better than i do, but we just didn
leave us with something. give us hope. is there hope? you don't have to. you can depress us if you'd like. >> it's hard to have hope. but steve liesman was walking by a little while ago. he had a trip of bernanke talking about what the assets is for and what the fed funds rate is before and for the life of me it's really hard to reconcile what he said. he said these are two different objectives. one is for short-term stimulus, one is for longer-term economic management of some kind. and...
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Dec 3, 2012
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join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in nov
join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high...
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Dec 14, 2012
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tweet us at squawk street. we have some of your answers coming up next. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in mode
tweet us at squawk street. we have some of your answers coming up next. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance....
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Dec 11, 2012
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gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers may say the opposite. so interestingly, there's been some pretty leak free discussions going on, which i actually think is a good thing. they're obviously big, outstanding questions. you mentioned the tax rate issue. one question i keep coming up against is the president and john boehner are now supposedly having good, substantive discussions. can boehner bring the troops along? if he agrees with the president, can he get enough tea party republicans behind him to sale the deal? because that wasn't the case back in 2011. and, tony, i have to say, both sides seem to have really -- with all the rhetoric we've had lea
gentlemen, thank you for being here with us and getting this special day of coverage kicked off for us. >> rising early and rising above. >> exactly. let's talk about this. jared, it seems like things have gotten quieter. do you think that's the case? is that a good sign? >> i think it's probably a pretty good sign. if you look at this morning's papers, you see a number of articles suggesting that there's a bit more compromise in the air. my concern is that tomorrow's papers...
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Dec 3, 2012
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build on those, tell us how. but we can't react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. we've given them our best view what makes sense for the country. >> meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. >> you can cap deductions at a percent of income, that would be one way to get there. could you eliminate certain deductions for those wealthiest in our country. >> joining us on the topic is david walker. he's on his way here right now. >> and in global market news, a lot of talk about china this morning. a final reading of hsbc's manufacturing purchasing manager's survey for china rising in november, first time above the key 50 mark which indicates expanding rather than contraction. it's been since october of last year. also abroad greece announcing it will buy back bonds through a dutch auction. the set up whether allow athenss to assess the level of demand before s
build on those, tell us how. but we can't react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. we've given them our best view what makes sense for the country. >> meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. >> you can cap deductions at a percent of income, that would be one way to get there. could you eliminate certain deductions for those...
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Dec 11, 2012
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call or visit us online. we're ready to help. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may experience loss of appetite or weight. patients who weigh less than 110 pounds may experience more side effects. people at risk for stomach ulcers
call or visit us online. we're ready to help. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ you'll also care about our new offer. you get access to nurses who can help...
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Dec 10, 2012
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he used to be at another company. pantheon you just started. >> yeah. >> and just hired five americans. >> what was it high frequency? we can't even say that? >> i didn't want to -- >> doesn't even exist anymore? >> so it's not exnay on the -- >> no one's ever left here. >> they poof. when they leave cnbc, never to be seen. >> right. >> so this was your first -- you just got here? you've never had another job, pantheon started here? >> i just learned it. >> all right. >> gentlemen, thank you very much. >> thank you. >> when we come back, we'll have more on the surprising same-store sales numbers from mcdonald's. we're going to be talking to an analyst who covers the stock. also avoiding the european model and our solution to the fiscal cliff. frits van paaschen on how to strike a deal that won't lead to lackluster growth. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose a
he used to be at another company. pantheon you just started. >> yeah. >> and just hired five americans. >> what was it high frequency? we can't even say that? >> i didn't want to -- >> doesn't even exist anymore? >> so it's not exnay on the -- >> no one's ever left here. >> they poof. when they leave cnbc, never to be seen. >> right. >> so this was your first -- you just got here? you've never had another job, pantheon started here?...